Magnetic MRO AS
Active Registry code 10865988
AS Tallinn Registered 15 May 2002
Magnetic MRO AS is a AS based in Tallinn, registry code 10865988, status: active. Main activity: Repair and maintenance of civilian air and spacecraft. According to EMTA, turnover for Q3 2026 was €38 294 454 with 449 employees.
Turnover
38 294 454 €
↑ 12.9% vs Q2 2026
State taxes
2 314 224 €
↓ 7.5% vs Q2 2026
Labour taxes
2 476 244 €
↓ 7.2% vs Q2 2026
Employees
449
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 38.3 mn €above 98% of companiesindustry median 21 365 € · companies in the industry: 1 050
- Labour taxes per employee 5 515 €above 98% of companiesindustry median 1 557 € · companies in the industry: 808
- Revenue · 2025 222.6 mn €above 98% of companiesindustry median 44 022 € · companies in the industry: 1 447
- Net profit margin · 2025 2.4 %above 39% of companiesindustry median 5.4 % · companies in the industry: 1 225
Taxes and turnover
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 38 294 454 | 2 314 224 | 2 476 244 | 449 |
| Q2 2026 | 33 914 038 | 2 502 820 | 2 669 240 | 448 |
| Q1 2026 | 30 678 106 | 2 444 018 | 2 593 451 | 457 |
| Q4 2025 | 35 073 407 | 2 280 926 | 2 409 185 | 461 |
| Q3 2025 | 30 468 735 | 2 206 580 | 2 340 839 | 463 |
| Q2 2025 | 34 144 025 | 2 330 481 | 2 474 281 | 430 |
| Q1 2025 | 32 663 071 | 2 135 361 | 2 259 679 | 435 |
| Q4 2024 | 28 515 323 | 2 110 132 | 2 218 041 | 436 |
| Q3 2024 | 31 677 783 | 2 012 189 | 2 118 195 | 426 |
| Q2 2024 | 31 209 352 | 2 104 282 | 2 193 373 | 426 |
| Q1 2024 | 32 676 277 | 2 004 320 | 2 106 526 | 412 |
| Q4 2023 | 40 547 779 | 1 884 612 | 1 982 776 | 414 |
| Q3 2023 | 33 280 218 | 1 787 901 | 1 889 004 | 399 |
| Q2 2023 | 35 078 921 | 1 870 537 | 1 974 028 | 402 |
| Q1 2023 | 39 098 172 | 1 771 176 | 1 865 293 | 391 |
| Q4 2022 | 29 783 874 | 1 639 811 | 1 729 464 | 391 |
| Q3 2022 | 24 340 227 | 1 606 603 | 1 697 429 | 385 |
| Q2 2022 | 22 071 162 | 1 544 659 | 1 629 428 | 403 |
| Q1 2022 | 21 667 637 | 1 535 015 | 1 623 358 | 403 |
Labour taxes per employee per month
1 838 €
Turnover per employee in the quarter
85 288 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|
| 2025 | 222 551 000 | 5 331 000 | 77 895 000 | 33 236 000 | 456 |
| 2024 | 141 169 000 | 5 982 000 | 77 022 000 | 27 905 000 | 438 |
| 2023 | 164 467 000 | — | 75 189 000 | — | 452 |
| 2022 | 84 255 759 | -521 580 | 62 726 940 | 19 426 687 | 0 |
| 2021 | 57 208 694 | 2 443 598 | 51 810 876 | 19 948 267 | 0 |
| 2020 | 72 740 089 | -13 638 931 | 46 388 692 | 17 504 669 | 0 |
| 2019 | 94 578 935 | 2 918 310 | 66 324 075 | 24 910 340 | 0 |
| 2018 | — | — | — | — | 0 |
| 2017 | — | — | — | — | 290 |
| 2016 | — | — | — | — | 0 |
| 2015 | — | — | — | — | 264 |
| 2014 | — | — | — | — | 235 |
| 2013 | — | — | — | — | 208 |
| 2012 | — | — | — | — | 185 |
| 2011 | — | — | — | — | 155 |
| 2010 | — | — | — | — | 160 |
| 2009 | — | — | — | — | 157 |
| 2008 | — | — | — | — | 156 |
| 2007 | — | — | — | — | 130 |
| 2006 | — | — | — | — | 112 |
| 2005 | — | — | — | — | 96 |
| 2004 | — | — | — | — | 90 |
| 2003 | — | — | — | — | 93 |
| 2002 | — | — | — | — | 81 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2025
Net profit margin
5.0 %
Net profit / revenue
Return on equity (ROE)
16.0 %
Net profit / equity
Return on assets (ROA)
6.8 %
Net profit / assets
Equity ratio
42.7 %
Equity / assets
Debt ratio
57.3 %
Liabilities / assets
Current ratio
1.35
Current assets / current liabilities
Revenue per employee
232 607 €
Revenue / average full-time employees
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 23 Jun 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 28 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 10 Apr 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 7 Apr 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 30 Jun 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 23 Oct 2020 | Consolidated · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 9 | 12 000 000 € | Ettevõtluse ja Innovatsiooni Sihtasutus | 17 Sep 2020 – in force |
| 6 | 1 300 000 € | Swedbank AS | 19 Mar 2018 – in force |
| 5 | 3 000 000 € | Swedbank AS | 3 May 2017 – in force |
| 4 | 1 700 000 € | Swedbank AS | 13 Jun 2012 – in force |
| 3 | 23 764 000 EEK | Swedbank AS | 27 May 2010 – in force |
| 2 | 10 000 000 EEK | Swedbank AS | 6 Sep 2006 – in force |
| 1 | 21 000 000 EEK | Swedbank AS | 29 Jan 2003 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Risto MäeotsBoard member · since 12 Sep 2014
- Yifan LiuBoard member · since 13 Jan 2022
- Filip StanisicBoard member · since 22 Feb 2024
- Astrit ViismaBoard member · since 15 May 2026
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 100%
- 100%
- 100%
Beneficial owners
- Chen HuIndirect ownership · CHN · since 6 Apr 2026
Founders and other persons
- MAERSK AIR A/SFounder · 400 000 € · 15 May 2002
- KPMG Baltics OÜAudit firm · 4 Apr 2002
- Aktsiaselts Deloitte Audit EestiAudit firm · 17 Apr 2007
- Aktsiaselts PricewaterhouseCoopersAudit firm · 30 Mar 2010
- Ernst & Young Baltic ASAudit firm · 5 Oct 2011
- Haibo LyuChairman of the supervisory board · 15 May 2024
- Botao LiSupervisory board member · 15 May 2024
- Xiangyao BuSupervisory board member · 15 May 2024
- Omanikukonto: HANGXIN AVIATION SERVICES CO. LIMITShareholder · 1 090 189 € · 16 Aug 2023
- Omanikukonto: Hongkong Yongtai Trading Services CO LimitedShareholder · 172 525 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 33161Repair and maintenance of civilian air and spacecraft Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10065360 / M26 11 Aug 2026 |
Ruling to correct data outside an entry | 21 Aug 2026 | In force 11 Aug 2026 |
|
| Ä 10065360 / 61 15 May 2026 |
Amendment entry | In force 15 May 2026 |
||
| Ä 10065360 / 60 2 Mar 2026 |
Entry made by the register on its own initiative | In force 2 Mar 2026 |
||
| Ä 10065360 / M25 20 Feb 2026 |
Ruling to eliminate deficiencies | 22 Mar 2026 | In force 20 Mar 2026 |
|
| Ä 10065360 / M24 19 Feb 2026 |
Ruling to eliminate deficiencies | 21 Mar 2026 | In force 20 Mar 2026 |
|
| Ä 10065360 / M23 17 Feb 2026 |
Ruling to eliminate deficiencies | 20 Mar 2026 | In force 19 Mar 2026 |
|
| Ä 10065360 / M22 17 Dec 2025 |
Ruling to eliminate deficiencies | 18 Jan 2026 | Deficiencies eliminated 8 Jan 2026 |
|
| K 10065360 / 59 10 Sep 2025 |
Commercial pledge amended | In force 10 Sep 2025 |
||
| K 10065360 / 58 10 Sep 2025 |
Commercial pledge amended | In force 10 Sep 2025 |
||
| K 10065360 / 57 10 Sep 2025 |
Commercial pledge amended | In force 10 Sep 2025 |
||
| K 10065360 / 56 10 Sep 2025 |
Commercial pledge amended | In force 10 Sep 2025 |
||
| K 10065360 / 55 10 Sep 2025 |
Commercial pledge amended | In force 10 Sep 2025 |
||
| K 10065360 / 54 10 Sep 2025 |
Commercial pledge amended | In force 10 Sep 2025 |
||
| K 10065360 / 53 10 Sep 2025 |
Commercial pledge deleted | In force 10 Sep 2025 |
||
| K 10065360 / 52 10 Sep 2025 |
Commercial pledge deleted | In force 10 Sep 2025 |
||
| Ä 10065360 / M21 4 Aug 2025 |
Procedural ruling | 14 Aug 2025 | Deficiencies eliminated 6 Aug 2025 |
|
| Ä 10065360 / M20 10 Dec 2024 |
Ruling to correct data outside an entry | 24 Dec 2024 | Deficiencies eliminated 11 Dec 2024 |
|
| Ä 10065360 / 51 17 May 2024 |
Amendment entry | In force 17 May 2024 |
||
| Ä 10065360 / M19 22 Feb 2024 |
Refund of the state fee | In force 22 Feb 2024 |
||
| Ä 10065360 / M18 22 Feb 2024 |
Procedural ruling | In force 22 Feb 2024 |
||
| Ä 10065360 / 50 22 Feb 2024 |
Amendment entry | In force 22 Feb 2024 |
||
| Ä 10065360 / 49 21 Dec 2023 |
Amendment entry | In force 21 Dec 2023 |
||
| Ä 10065360 / M17 30 Nov 2023 |
Ruling to eliminate deficiencies | 3 Jan 2024 | Deficiencies eliminated 21 Dec 2023 |
|
| Ä 10065360 / M16 5 Apr 2023 |
Ruling to eliminate deficiencies | Deficiencies eliminated 5 Apr 2023 |
||
| Ä 10065360 / 48 13 Jan 2022 |
Amendment entry | In force 13 Jan 2022 |
||
| K 10065360 / 47 9 Jan 2022 |
Commercial pledge amended | In force 9 Jan 2022 |
||
| Ä 10065360 / M15 17 Dec 2021 |
Ruling to eliminate deficiencies | 16 Jan 2022 | Deficiencies eliminated 13 Jan 2022 |
|
| Ä 10065360 / M14 18 Jan 2021 |
Ruling to correct data outside an entry | 28 Jan 2021 | Deficiencies eliminated 27 Jan 2021 |
|
| Ä 10065360 / 46 17 Jan 2021 |
Amendment entry | In force 17 Jan 2021 |
||
| K 10065360 / 45 17 Sep 2020 |
Commercial pledge entered | In force 17 Sep 2020 |
||
| K 10065360 / 44 7 Sep 2020 |
Commercial pledge entered | In force 7 Sep 2020 |
||
| K 10065360 / M13 1 Sep 2020 |
Procedural ruling | 11 Sep 2020 | Deficiencies eliminated 7 Sep 2020 |
|
| Ä 10065360 / 43 16 Jun 2020 |
Amendment entry | In force 16 Jun 2020 |
||
| Ä 10065360 / 42 15 May 2020 |
Amendment entry | In force 15 May 2020 |
||
| Ä 10065360 / M12 28 Apr 2020 |
Ruling to eliminate deficiencies | 28 May 2020 | Deficiencies eliminated 14 May 2020 |
|
| Ä 10065360 / 41 18 Feb 2020 |
Amendment entry | In force 18 Feb 2020 |
||
| Ä 10065360 / 40 18 Feb 2020 |
Amendment entry | In force 18 Feb 2020 |
||
| K 10065360 / 39 5 Nov 2018 |
Commercial pledge entered | In force 5 Nov 2018 |
||
| K 10065360 / M11 26 Oct 2018 |
Procedural ruling | In force 26 Oct 2018 |
||
| Ä 10065360 / 38 1 Aug 2018 |
Amendment entry | In force 1 Aug 2018 |
||
| Ä 10065360 / 37 15 May 2018 |
Amendment entry | In force 15 May 2018 |
||
| Ä 10065360 / 36 9 May 2018 |
Amendment entry | In force 9 May 2018 |
||
| Ä 10065360 / 35 30 Apr 2018 |
Amendment entry | In force 30 Apr 2018 |
||
| K 10065360 / 34 19 Mar 2018 |
Commercial pledge entered | In force 19 Mar 2018 |
||
| K 10065360 / 33 7 Feb 2018 |
Commercial pledge amended | In force 7 Feb 2018 |
||
| K 10065360 / M10 5 Feb 2018 |
Ruling to eliminate deficiencies | 20 Feb 2018 | Deficiencies eliminated 7 Feb 2018 |
|
| Ä 10065360 / 32 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10065360 / 31 8 Nov 2017 |
Amendment entry | In force 8 Nov 2017 |
||
| Ä 10065360 / 30 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| K 10065360 / 29 3 May 2017 |
Commercial pledge entered | In force 3 May 2017 |
||
| Ä 10065360 / 28 22 Dec 2016 |
Amendment entry | In force 22 Dec 2016 |
||
| Ä 10065360 / 27 22 Dec 2016 |
Amendment entry | In force 22 Dec 2016 |
||
| Ä 10065360 / 26 8 Sep 2016 |
Amendment entry | In force 8 Sep 2016 |
||
| Ä 10065360 / M9 18 Aug 2016 |
Ruling to correct data outside an entry | 17 Sep 2016 | Deficiencies eliminated 19 Aug 2016 |
|
| Ä 10065360 / 25 2 Jun 2016 |
Amendment entry | In force 2 Jun 2016 |
||
| Ä 10065360 / M8 25 May 2016 |
Ruling to eliminate deficiencies | 24 Jun 2016 | Deficiencies eliminated 2 Jun 2016 |
|
| Ä 10065360 / 24 30 Mar 2016 |
Amendment entry | In force 30 Mar 2016 |
||
| Ä 10065360 / M7 22 Mar 2016 |
Ruling to eliminate deficiencies | 6 Apr 2016 | Deficiencies eliminated 29 Mar 2016 |
|
| Ä 10065360 / 23 1 Sep 2015 |
Amendment entry | In force 1 Sep 2015 |
||
| Ä 10065360 / M6 26 Aug 2015 |
Ruling to eliminate deficiencies | 25 Sep 2015 | Deficiencies eliminated 1 Sep 2015 |
|
| Ä 10065360 / 22 23 Sep 2014 |
Amendment entry | In force 23 Sep 2014 |
||
| Ä 10065360 / M5 12 Sep 2014 |
Ruling to eliminate deficiencies | 12 Oct 2014 | Deficiencies eliminated 19 Sep 2014 |
|
| Ä 10065360 / 21 12 Sep 2014 |
Amendment entry | In force 12 Sep 2014 |
||
| Ä 10065360 / M4 11 Sep 2014 |
Ruling to eliminate deficiencies | 21 Sep 2014 | Deficiencies eliminated 11 Sep 2014 |
|
| Ä 10065360 / M3 19 Aug 2014 |
Ruling to eliminate deficiencies | 18 Sep 2014 | Deficiencies eliminated 11 Sep 2014 |
|
| Ä 10065360 / M2 19 Aug 2014 |
Ruling to correct data outside an entry | 18 Sep 2014 | Deficiencies eliminated 1 Sep 2014 |
|
| Ä 10065360 / 20 29 Jul 2014 |
Amendment entry | In force 29 Jul 2014 |
||
| Ä 10065360 / 19 9 Jul 2014 |
Amendment entry | In force 9 Jul 2014 |
||
| Ä 10065360 / M1 4 Jul 2014 |
Ruling to eliminate deficiencies | 3 Aug 2014 | Deficiencies eliminated 9 Jul 2014 |
|
| K 10065360 / 18 2 Jun 2014 |
Commercial pledge amended | In force 2 Jun 2014 |
||
| K 10065360 / 17 2 Jun 2014 |
Commercial pledge amended | In force 2 Jun 2014 |
||
| Ä 10065360 / 16 9 Aug 2012 |
Amendment entry | In force 9 Aug 2012 |
||
| Ä 10065360 / 15 3 Aug 2012 |
Amendment entry | In force 3 Aug 2012 |
||
| K 10070276 / 7 13 Jun 2012 |
Commercial pledge entered | In force 13 Jun 2012 |
||
| Ä 10065360 / 14 4 May 2012 |
Amendment entry | In force 4 May 2012 |
||
| Ä 10065360 / 13 19 Apr 2012 |
Amendment entry | In force 19 Apr 2012 |
||
| Ä 10065360 / 12 23 May 2011 |
Amendment entry | In force 23 May 2011 |
||
| Ä 10065360 / 11 25 Jun 2010 |
Amendment entry | In force 25 Jun 2010 |
||
| K 10070276 / 6 27 May 2010 |
Commercial pledge entered | In force 27 May 2010 |
||
| K 10070276 / 5 27 May 2010 |
Commercial pledge amended | In force 27 May 2010 |
||
| K 10070276 / 4 27 May 2010 |
Commercial pledge amended | In force 27 May 2010 |
||
| Ä 10065360 / 10 26 May 2010 |
Second (constitutive) merger entry | In force 26 May 2010 |
||
| Ä 65360 / 9 5 Jan 2009 |
Deletion of activities from the registry card | In force 6 Jan 2009 |
||
| Ä 65360 / 8 19 Sep 2007 |
Amendment entry | In force 19 Sep 2007 |
||
| Ä 65360 / 7 11 May 2007 |
Amendment entry | In force 11 May 2007 |
||
| Ä 65360 / 6 20 Feb 2007 |
Amendment entry | In force 20 Feb 2007 |
||
| Ä 65360 / 5 14 Sep 2006 |
Amendment entry | In force 14 Sep 2006 |
||
| K 70276 / 3 6 Sep 2006 |
Commercial pledge entered | In force 6 Sep 2006 |
||
| Ä 65360 / 4 7 Jan 2004 |
Amendment entry | In force | ||
| Ä 65360 / 3 10 Oct 2003 |
Amendment entry | In force | ||
| K 70276 / 2 10 Oct 2003 |
Entry decision on the register’s own initiative | In force | ||
| K 70276 28 Jan 2003 |
Commercial pledge entered | In force | ||
| Ä 65360 / 2 18 Dec 2002 |
Published amendment entry | In force | ||
| Ä 65360 15 May 2002 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data